Form 4: Mannkind Director Sells Shares
Insider Transaction (Form 4)
Steven B. Binder, a Director of Mannkind Corp, sold 52,485 shares of common stock on July 15, 2026 for $4.06 per share.
Summary
- Option exercise/conversion: acquired 93,790 Common Stock, $0.01 Par Value on July 15, 2026; holds 901,798 after (Direct).
- Tax/exercise-price withholding: disposed of 15,688 Common Stock, $0.01 Par Value at $4.09 ($64,164) on July 15, 2026; holds 886,110 after (Direct).
- Tax/exercise-price withholding: disposed of 4,073 Common Stock, $0.01 Par Value at $4.09 ($16,659) on July 15, 2026; holds 882,037 after (Direct).
- Tax/exercise-price withholding: disposed of 4,634 Common Stock, $0.01 Par Value at $4.09 ($18,953) on July 15, 2026; holds 877,403 after (Direct).
- Open-market sale: disposed of 52,485 Common Stock, $0.01 Par Value at $4.06 ($213,089) on July 17, 2026; holds 824,918 after (Direct).
- Option exercise/conversion: disposed of 93,790 Performance Restricted Stock Unit on July 15, 2026 (Direct).
Sentiment
Score: 4
Explanation: StockSavvy.ai views this as a mildly negative but low-conviction signal: an insider sold $213,089 of stock under a pre-arranged Rule 10b5-1 plan, which is typically routine.
Insider Transactions
Steven B. Binder — Director
Transaction made under a Rule 10b5-1 trading plan.
| Date | Transaction | Security | Shares | Price | Value | Held After |
|---|---|---|---|---|---|---|
| 2026-07-15 | Option exercise/conversion | Common Stock, $0.01 Par Value | 93,790 | — | — | 901,798 |
| 2026-07-15 | Tax/exercise-price withholding | Common Stock, $0.01 Par Value | 15,688 | $4 | $64.2K | 886,110 |
| 2026-07-15 | Tax/exercise-price withholding | Common Stock, $0.01 Par Value | 4,073 | $4 | $16.7K | 882,037 |
| 2026-07-15 | Tax/exercise-price withholding | Common Stock, $0.01 Par Value | 4,634 | $4 | $19.0K | 877,403 |
| 2026-07-17 | Open-market sale | Common Stock, $0.01 Par Value | 52,485 | $4 | $213.1K | 824,918 |
| 2026-07-15 | Option exercise/conversion | Performance Restricted Stock Unit | 93,790 | — | — | 0 |
Key Dates
| Date | Description |
|---|---|
| 2026-07-15 | Option exercise/conversion (93,790 shares) |
| 2026-07-15 | Tax/exercise-price withholding (15,688 shares) |
| 2026-07-15 | Tax/exercise-price withholding (4,073 shares) |
| 2026-07-15 | Tax/exercise-price withholding (4,634 shares) |
| 2026-07-17 | Open-market sale (52,485 shares) |
| 2026-07-15 | Option exercise/conversion (93,790 shares) |
Keywords
insider transaction, Form 4, MNKD, MANNKIND CORP, bearish, Steven B. Binder
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